Morgan Grenfell Debacle
Won't Bring Down Parent

Embarrassing as it is, the latest fiasco at Morgan Grenfell Asset Management won't have much impact on the earnings or share price of its parent, Deutsche Bank AG, analysts say.

They argue that Germany's largest commercial bank has endured much bigger financial disasters, such as Metallgesellschaft AG, property tycoon Juergen Schneider and Kloeckner-Humboldt-Deutz AG. As a result, management and shareholders won't lose much sleep over...